PPP Loan information for Rantoul distributors, inc.

$586,300

Rantoul distributors, inc. was initially approved for PPP Loan of amount $586,300, the current approved amount is $586,300. The loan was approved on 04/09/2020 by The Bank Rhode Island reported 83 jobs and $586,300 was used to fund payroll.

Rantoul distributors, inc. is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / Rantoul distributors, inc.

RANTOUL DISTRIBUTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RANTOUL DISTRIBUTORS, INC.

Borrower Address

0 CENTENNIAL DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-7927

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586300.00

Current Approval Amount

586300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7927

CD

MA-06

Jobs Reported

83

NAICS Code

311812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

586300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592211.86

Forgiveness Date

04/21/2021

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